Iran oil ties scope expands

April 12, 2015 8:10 PM

58
0

New Delhi, April 12: A wide range of opportunities has opened up in Iran for Indian oil players, following Tehran agreeing to terms of a nuclear deal with the western powers.

New Delhi is now planning to strengthen its energy ties with Tehran by increasing crude imports and through an LNG deal. Besides, India may revive the gas pipeline project, while Indian companies may invest in Tehran following the relaxation of sanction.